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Investment in exclusive real estate in the center of Dubai

Jung Min-seo by Jung Min-seo
April 27, 2022
in Lifestyle, Luxury LifeStyle, Luxury Real Estate, Real Estate, Real Estate Investment
0

Home » Investment in exclusive real estate in the center of Dubai

The developer Dubai Holding presents the exclusive project – Asayel in Dubai. The apartments in the community belong to the freehold zones and are accessible to foreigners. This is a worthy choice of real estate in Dubai for permanent residence or investment.

Table of contents

  • Features of the area
  • Why it is worth investing in properties for sale in Dubai in Asayel
  • Offers from real estate agencies in Dubai
  • Prices for flats in Dubai in Asayel

Features of the area

The complex is located in Madinat Jumeirah Living. Its unique feature is the architectural style. The buildings are built in the old town style with the preservation of Arab building trends. The interior resembles a lounge lobby. Low-rise buildings include premium apartments. An elite property in Dubai is rented ready to move in and equipped with:

• built-in furniture;

• plumbing fixtures.

Spacious balconies offer magnificent views of Burj Al Arab. The homeowners have parking spaces. The district has a good territorial location. It is only a 12–minute drive from Palm Jumeirah, and the largest shopping center of the metropolis, the Mall Of Emirates, is located at a similar distance. The community has everything you need for a comfortable life: kindergartens, schools, restaurants, and supermarkets.

Read Exploring the Real Estate Housing Market: A Guide for Investors.

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Why it is worth investing in properties for sale in Dubai in Asayel

There are several reasons to buy housing in the community:

• Luxury lifestyle in an ecologically clean area with developed infrastructure. It offers residents all amenities, from a swimming pool to concierge services.

• Walking distance to the central areas of the metropolis with the main attractions.

• Affordable cost and high profitability of apartments for rent. According to this indicator, they are advantageously ahead of villas for sale in Dubai. The profit can reach 7% per year.

Another strategy for investment is the purchase of off-plan projects in Dubai. When housing is put into operation, apartments become more expensive by several tens of percent, which makes it profitable to resell them.

Offers from real estate agencies in Dubai

The project includes apartments with a number of bedrooms from one to four. On the roofs of the buildings, there are outdoor areas for relaxing and barbecue with views of the Persian Gulf. The number of bathrooms varies from two to five. Among the offers, you can find both ready-made housing and off-plan properties for sale in Dubai.

Prices for flats in Dubai in Asayel

Prices depend on the area and number of rooms:

• 1-room apartment costs $370,000;

• 2-bedroom apartments are for sale for $707,000 or more;

• 3-bedroom apartment costs $953,000;

• 4-bedroom apartments cost around $1.5 million.

You should consider the dynamics of pricing. There is a tendency for prices to rise in the emirate. You can get acquainted with the current offers of apartments for sale in Dubai in real time on the official website https://www.axcapital.ae/.

Jung Min-seo

Jung Min-seo

Jung Min-Seo is a staff writer covering technology for FintechZoom. Contact: [email protected]

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